The jackpot for the Powerball draw on Wed Sep 3, 2025, is projected to be $1.30 Billion, with an option for a cash payout of $589 Million. Should you be the lucky winner of the Powerball jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For North Dakota residents, the state will deduct 2.9% from your lottery earnings.
| North Dakota Powerball Jackpot/Cash Option for Wed Sep 3, 2025 |
|---|
| Draw Date | Wed Sep 3, 2025 | | Projected Jackpot | $1,300,000,000 | | Cash Value | $589,000,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $589,000,000 | | Federal Tax(24%) | $141,360,000 | | Additional Federal Tax | $76,530,330 | | State Tax(2.9%) | $17,081,000 | | Net Lumpsum Payment | $354,028,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$19,566,300 |
$7,199,861
$567,423 |
$11,799,016 |
| 2 |
$20,545,200 |
$7,562,054
$595,811 |
$12,387,335 |
| 3 |
$21,572,200 |
$7,942,044
$625,594 |
$13,004,562 |
| 4 |
$22,651,200 |
$8,341,274
$656,885 |
$13,653,041 |
| 5 |
$23,783,500 |
$8,760,225
$689,722 |
$14,333,553 |
| 6 |
$24,973,000 |
$9,200,340
$724,217 |
$15,048,443 |
| 7 |
$26,221,000 |
$9,662,100
$760,409 |
$15,798,491 |
| 8 |
$27,532,700 |
$10,147,429
$798,448 |
$16,586,823 |
| 9 |
$28,909,400 |
$10,656,808
$838,373 |
$17,414,219 |
| 10 |
$30,355,000 |
$11,191,680
$880,295 |
$18,283,025 |
| 11 |
$31,872,100 |
$11,753,007
$924,291 |
$19,194,802 |
| 12 |
$33,465,900 |
$12,342,713
$970,511 |
$20,152,676 |
| 13 |
$35,139,000 |
$12,961,760
$1,019,031 |
$21,158,209 |
| 14 |
$36,896,600 |
$13,612,072
$1,070,001 |
$22,214,527 |
| 15 |
$38,741,300 |
$14,294,611
$1,123,498 |
$23,323,191 |
| 16 |
$40,678,300 |
$15,011,301
$1,179,671 |
$24,487,328 |
| 17 |
$42,711,500 |
$15,763,585
$1,238,634 |
$25,709,281 |
| 18 |
$44,847,400 |
$16,553,868
$1,300,575 |
$26,992,957 |
| 19 |
$47,089,900 |
$17,383,593
$1,365,607 |
$28,340,700 |
| 20 |
$49,444,200 |
$18,254,684
$1,433,882 |
$29,755,634 |
| 21 |
$51,916,800 |
$19,169,546
$1,505,587 |
$31,241,667 |
| 22 |
$54,512,900 |
$20,130,103
$1,580,874 |
$32,801,923 |
| 23 |
$57,237,700 |
$21,138,279
$1,659,893 |
$34,439,528 |
| 24 |
$60,100,300 |
$22,197,441
$1,742,909 |
$36,159,950 |
| 25 |
$63,104,600 |
$23,309,032
$1,830,033 |
$37,965,535 |
| 26 |
$66,261,000 |
$24,476,900
$1,921,569 |
$39,862,531 |
| 27 |
$69,573,400 |
$25,702,488
$2,017,629 |
$41,853,283 |
| 28 |
$73,052,200 |
$26,989,644
$2,118,514 |
$43,944,042 |
| 29 |
$76,705,200 |
$28,341,254
$2,224,451 |
$46,139,495 |
| 30 |
$80,540,200 |
$29,760,204
$2,335,666 |
$48,444,330 |
|
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